English Edition

British Energy Brings In Adviser On EdF Bid

Τετ, 16 Ιουλίου 2008 - 13:02

U.K. nuclear power company British Energy Group PLC (BGY.LN) has drafted in an independent financial adviser to work on a possible takeover deal with Electricite de France (1024251.FR), The Daily Telegraph reports Wednesday.

Iraq Kirkuk Resumes Normal Oil Flow; No Loading Yet

Τετ, 16 Ιουλίου 2008 - 13:01

Iraq Wednesday resumed normal pumping from its northern oil fields to the Turkish export terminal at Ceyhan after a brief suspension, a Middle East Shipping agent said.

Saudi King: Oil Speculators Must Be Stopped

Τετ, 16 Ιουλίου 2008 - 12:59

The price of crude oil is too high, and is partly driven by speculation, which must be stopped because oil prices are too high, Saudi King Abdullah said in a newspaper interview published Wednesday.

Iran President Says He Sees Crude Prices Going Higher

Τρι, 15 Ιουλίου 2008 - 12:53

Iran's president said Monday that oil prices will go higher, partly because of the threat of attacks on his country's nuclear program, Reuters reported Monday.

E.ON In Talks With Shell On London Array Wind Park

Τρι, 15 Ιουλίου 2008 - 12:51

German utility E.ON AG (EOA.XE) is in talks with Royal Dutch Shell PLC (RDSA) over the oil company's stake in the high profile U.K. wind park project London Array, daily newspaper Boersen Zeitung reports Tuesday citing E.ON company sources.

German Fin Min Calls For Energy Efficiency To Control Prices

Τρι, 15 Ιουλίου 2008 - 12:49

German Minister of Finance Peer Steinbrueck Tuesday rejected calls for any short term measures to help cut soaring energy prices, calling instead for more energy efficiency and lower consumption.

Iraq Kirkuk Oil Export Dn 355,200 B/D Since Monday

Τρι, 15 Ιουλίου 2008 - 12:47

Iraq's crude oil exports from northern oil fields fell 355,200 barrels a day over the last two days due to power cuts and shortages of crude production, a Middle East shipping agent said Tuesday.

Vestas Wind Systems Gets Order For 79 MW In Spain

Τρι, 15 Ιουλίου 2008 - 12:45

Vestas has received an order for 25 units of the V90-2.0 MW wind turbine and 16 units of the V80-1.8 MW wind turbine for two projects in Spain. The contract includes supply, installation, a five-year service agreement as well as a VestasOnline Business SCADA system.

Suez GDF To Propose Exceptional Dividend Of EUR0.8 Per Share

Τρι, 15 Ιουλίου 2008 - 12:43

Soon-to-merge French utility Suez (SZE.FR) and French state-controlled Gaz de France (1020848.FR) will propose the payment of an exceptional dividend of EUR0.80 per share of the newly created company GDF Suez, the companies said Tuesday in a joint statement.

StatoilHydro Gets OK For Norwegian Sea Exploration Drilling

Τρι, 15 Ιουλίου 2008 - 12:42

The Petroleum Safety Authority Norway said Tuesday that StatoilHydro has received consent to conduct exploration drilling in the Norwegian Sea using the mobile facility Ocean Vanguard.

Russia Hopes To Boost Ties With Saudi Arabia

Τρι, 15 Ιουλίου 2008 - 12:37

Russia hopes to further boost ties with Saudi Arabia, Russian Prime Minister Vladimir Putin said Monday during talks with Saudi Arabia's Security Council chief Prince Bandar bin Sultan.

Brazil Petrobras Discovers Oil In Espirito Santo Basin

Τρι, 15 Ιουλίου 2008 - 12:35

Brazilian state-run energy giant Petroleo Brasileiro (PBR), or Petrobras, said late Monday that the company had discovered oil in the Espirito Santo Basin near the Golfinho field.

RF Energy Plans to Invest 250 mln euros

Δευ, 14 Ιουλίου 2008 - 17:36

Power company RF Energy plans to invest 250 million euros ($394.3 million) by 2010, expanding its business to meet growing demand for alternative energy in Greece, a senior executive said yesterday. Greece liberalized its energy market last year, making it easier for smaller companies to challenge entrenched power utility Public Power Corporation.